ORLEN China, established last year, has become a center of sales (including e-commerce), marketing, logistics and forwarding competences on the Chinese market. The company is registered in the city of Suzhou (Jiangsu Province) in the east of China. Currently, it operates mainly in Jiangsu Province and neighboring provinces. Jiangsu Province is inhabited by over 80 million people and is an important industrial center in China, with a developed machinery, electronics and automotive industries. The province also has 150 development zones and is a leader in their creation. These zones concentrate foreign direct investment, international trade and technological innovation.
ORLEN Group products have been offered in China since 2016. The first stage of ORLEN China operations covered the sale of engine oils, which so far had been distributed in China through external partners. According to the ORLEN Group's estimates, the change of the product sales model will allow to generate a much higher operating profit in the next three years than in the case of continuing the previous trading model.
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PKN Orlen SA published this content on 18 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2021 09:03:01 UTC